HP confirms breakup, layoffs hit an entire Google’s worth of employees

HP had 317,000 employees as of October 2013. The company got rid of 36,000 people by July of this year. HP was planning total "employee reductions" of 45,000 to 50,000 people, but it will now push that to 55,000 "to fund investment opportunities in R&D and sales," the company said in a presentation for investors today.

HP plans to break into two by the end of October 2015. One of the new, separate companies will be Hewlett-Packard Enterprise, focusing on "servers, storage, networking, converged systems, services and software as well as its OpenStack Helion cloud platform," HP said. HP CEO Meg Whitman will be CEO of Hewlett-Packard Enterprise.

HP's personal systems and printing businesses will become HP Inc. and have "a strong roadmap into the most exciting new technologies like 3D printing and new computing experiences," HP said. Dion Weisler, executive VP of the printing and personal systems division, will be HP Inc. CEO. Whitman will chair the HP Inc. board.

Based on current financials, Hewlett-Packard Enterprise would have $58.5 billion in revenue and operating profit of $6 billion. HP Inc. would have $57.2 billion in revenue and $5.4 billion in operating profit.

Previous HP CEO Leo Apotheker planned to spin out HP's PC division in 2011, but the plan was shelved and he was replaced by Whitman.

"After three years of work, we are now in a position of strength," HP's presentation said, explaining why "now is the right time" for the split. HP said that after the breakup, "partners and customers will have simpler and more nimble organizations with which to conduct business." The two companies will allegedly be "faster to respond to changing customer requirements and market dynamics."

Samsung Galaxy S5 Review and Giveaway

Few smartphones are as aggressively marketed as Samsung’s Galaxy S5. The S5 can no longer be considered brand-new — but it is Samsung’s flagship, at least for the next few months. With a gorgeous screen, a capable camera, a waterproof build, and a user-replaceable battery, the Galaxy S5 has a lot to offer… at least on paper. Let’s find out how good it really is. What Makes This Review Different There are about a million Galaxy S5 reviews out there. Why should you read this one? Two keys points make our review different: We bought our own device . Unlike many tech blogs, we don’t use a review unit Samsung gave us. We went out to the store and bought one, just like you would. This means everything you read here is truly impartial – we owe Samsung nothing. We used it for more than a month . Some sites rush to be the first to publish a review on a new device. That’s not how we do things. I used the Galaxy S5 as my main (and only) Android phone for nearly two months,...

Samsung Galaxy Note 3 N9000 Review and Giveaway

When it comes to massive phones, nothing is more iconic than the Samsung Galaxy Note. It has gained popularity not only due to its size, but its additional features such as a stylus and a larger battery make it a more useful phone. Samsung released the third generation of the Galaxy Note in October, updating the phablet with a larger screen and improved hardware. Read through our review, then join the giveaway to win the Samsung Galaxy Note 3 ! Competitors Of course, other Android competitors haven’t let the $640 Galaxy Note 3 be the only player in the phablet market. There are others such as the Sony Xperia Z Ultra , the Samsung Galaxy Mega , and the other more common phones that are reaching 5″ screens such as the Samsung Galaxy S4 , the HTC One , and the Nexus 5 . Unlike the normal-sized top contenders, the Galaxy Note 3 has a bigger screen and larger battery. It also offers specific features (surrounding the S Pen stylus) th...

Ex-Skypers Launch Virtual Whiteboard Deekit

Although seriously long in the tooth and being disrupted by a plethora of startups, for many years Skype has existed as an almost ubiquitous app in any remote team’s toolkit. So it seems apt that a new startup founded by a team of ex-Skype employees is set to tackle another aspect of online collaboration. Deekit, which exits private beta today, is a virtual and collaborative whiteboard to help remote teams work smarter. The Tallinn, Estonia-based startup is headed up by founder and CEO, Kaili Kleemeier, who was previously a Head of Operations at Skype. She and three colleagues quit the Internet calling giant in 2012 and spent a year researching ideas in the remote team space. They ended up focusing on creating a new virtual whiteboard, born out of Kleemeier’s experience collaborating with technical teams remotely, specifically helping Skype deal with incident management. “Working with remote teams has been a challenge in many ways – cultural differences, language differences, a...

Kiran Upadhyay

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